Tesla sharpens focus on solar

Share

From pv magazine International

Telsa is intensifying its focus on solar, CEO Elon Musk said during the company’s fourth quarter earnings call on Jan. 27.

“There were a few years there where we had to devote the whole company to Model 3 production and building … But now we [have] a little more bandwidth. We’re putting a lot of attention on solar, and it is growing rapidly. So, I think it will not be long before Tesla is, by far, the market leader in solar,” Musk said.

For Tesla, industry-leading pricing is central to its solar strategy. “[Getting the cost structure where it needs to be] is something that we’ve accomplished over the last year,” said CFO Zach Kirkhorn, without providing specifics.

To read more, please visit our international site pv magazine International

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Japanese energy supplier to use green hydrogen for district heating, power
01 April 2025 Akasaka Heating & Cooling Supply says it will use green hydrogen produced at an unspecified location in Japan to produce heat and electricity for...